ASX Markets

CNEW ETF – Algo Buy

VanEck Vectors China New Economy is under Algo Engine buy conditions and is a current holding in our Global ETF model portfolio.

VanEck Vectors Morningstar Wide Moat is under Algo Engine buy conditions and is a current holding in our Global ETF model portfolio.

Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

The chart below shows the range where we will be watching for the short-term momentum indicators to turn higher.

The price action now sits at 50% retracement of the March to December range. We expect to see buying interest begin to rebuild.

The chart below shows the range where we will be watching for the short-term momentum indicators to turn higher.

The price action now sits at 50% retracement of the March to December range. We expect to see buying interest begin to rebuild.

Commonwealth Bank of is under Algo Engine sell conditions. We remain concerned about the declining profitability in retail banking.

CSL is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

{ASX:CWY) is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

We see price support at $2.30 and suggest watching the short-term indicators for a turn higher, near, or just above this support.

Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.